Altcoin Season in Full Swing: Market Shift and Key Metrics to Watch

Altcoin season is heating up! Discover key metrics signaling a major market shift and potential altcoin rallies. Is your portfolio ready?

Altcoin Season in Full Swing: Market Shift and Key Metrics to Watch

The crypto market is buzzing! Altcoins are showing serious momentum as Bitcoin takes a breather. This could be the start of altseason, so here’s what you need to know.

The Great Rotation: Bitcoin's Dominance Dips

Bitcoin's record high near $120,000 in July 2025 has kicked off a noticeable shift, with investors turning their attention to altcoins. Traditionally, when Bitcoin's dominance dips, altcoins tend to shine. We're seeing parallels to previous bull cycles like 2017 and 2021, with capital flowing into alternative cryptocurrencies.

Key Metrics Pointing to Altcoin Momentum

On-chain analytics firm CryptoQuant has highlighted some important indicators. The futures trading volume for Ethereum and altcoins has surged, hitting a five-month high of $223.6 billion! Altcoins and ETH now account for a whopping 83% of total futures volume, leaving Bitcoin with just 17%. Earlier this year, Bitcoin held over 50% dominance. This shift is HUGE.

Another metric to watch is Bitcoin Retail Investor Demand. A recent positive change suggests that smaller investors are showing renewed interest in the market. CryptoQuant notes this as a trend often seen before major rallies in both Bitcoin and altcoins.

Ethereum: The Bellwether Altcoin

Ethereum is leading the altcoin charge. While its price performance has been mixed, with analysts citing a need for more innovation, it's still a key player. The hype around ETH has been accompanied by major buys. Keep an eye on ETH/BTC trading pairs as indicators of broader altcoin market sentiment.

NFTs: A Side Story of Altcoin Season

Don't forget about NFTs! July saw a boom in NFT sales, reaching $574 million. Ethereum-based NFTs are leading the way, with collections like CryptoPunks and Pudgy Penguins seeing significant growth. This shows that the altcoin interest is expanding beyond just the standard currencies.

SUI Network: An Example of Altcoin Growth

The SUI Network is experiencing significant growth, with a 145% surge in daily active users. Increased wallet interactions and integrations suggest a growing ecosystem. While there have been slight price corrections, overall sentiment remains strong.

What Does This Mean for You?

The crypto landscape is shifting, potentially offering higher returns for investors who adjust their strategies. Keep an eye on trading volumes, on-chain activity, and the performance of key altcoins. While Bitcoin whales continue to accumulate, the stage is set for altcoins to lead the next phase of growth.

Final Thoughts: Buckle Up!

So, is altcoin season officially here? The signs are definitely pointing that way. Do your research, manage your risk, and get ready for a potentially wild ride! Who knows, maybe your favorite low-cap gem will be the next 200x moonshot. Good luck, and happy trading!